Bloom Energy Corp

Bloom Energy designs and manufactures fuel cell systems that convert fuel into electricity through a non-combustion electrochemical process, allowing facilities like data centers, hospitals, and factories to generate their own power on-site [Yahoo Finance]. The company also produces electrolyzers for hydrogen production and sells through direct and indirect channels to utilities, data centers, retail, healthcare, and manufacturing customers [Yahoo Finance].

Bloom Energy makes solid-oxide fuel cell systems that generate electricity on-site from natural gas, biogas, or hydrogen without traditional combustion [Yahoo Finance]. The company has emerged as a major beneficiary of AI data center power demand, with Q1 2026 revenue more than doubling year-over-year and the stock surging 217% this year as hyperscalers like Oracle scramble for immediate power capacity [Yahoo Finance]. However, multiple C-suite insiders have sold over $68 million in stock in recent months, including the co-founder offloading $34 million [SEC Form 4], raising questions about executive confidence at current valuations.

Bloom is growing explosively but remains unprofitable with stretched leverage metrics.